Learn about the global automotive fuse market through The Business Research Company, which provides information on automotive fuse market size, automotive fuse market drivers and restraints, automotive fuse market players, the COVID-19 impact on the automotive fuse market, and more.

The global automotive fuse market size is expected to grow from $16.17 billion in 2021 to $17.28 billion in 2022 at a compound annual growth rate (CAGR) of 6.89%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $22.74 billion in 2026 at a CAGR of 7.10%.

The growing need for electronic components in the automobile industry is expected to drive the growth of the automotive fuse market over the coming years.

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The automotive fuse market consists of sales of automotive fuse products and services by entities (organizations, sole traders, partnership) which is an electrical component used in automobiles that protects other components, electronics, and cables from damage caused by excessive current flow. All fuses have a rating which refers to the maximum amount of amperage/voltage that the fuse can handle before it fails.

Global Automotive Fuse Market Segments Include:

By Vehicle Type: Passenger Car, Commercial Vehicle 

By Fuse Type: Blade, Glass Tube, Semiconductor, Others

By Application: Auxiliary Fuse, Charge Inlet Fuse, Battery Fuse, Engine Fuse, Others

By Sales Channel: OEM, Aftermarket

By Voltage: 12 and 24 V, 24-48 V, 49-150 V, 151-300 V, >300 V

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the automotive fuse market in 2021.

Improved quality and development of fully insulated chips are providing an opportunity to expand the use of automotive fuses. This can be attributed to the fact that better quality fully insulated chips will be more powerful and energy-efficient which implies a wider user base.

TBRC’s automotive fuse market report covers:

Major Market Players: Eaton Corporation, Littelfuse, MERSEN S.A., SCHURTER Inc, SIBA, Sensata Technologies, Carling Technologies Inc, Mouser Electronics, OptiFuse, AEM, Blue Sea Systems, GLOSO TECH Inc, ON Semiconductor, Fuzetec Technology Co. Ltd., Pacific Engineering Corporation, Dongguan Better Electronics Tech. Co. Ltd, Anixter, and NTE Electronics Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Automotive Fuse Global Market Report 2022 –Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides automotive fuse market overviews, analyzes and forecasts market size, share, automotive fuse market players, automotive fuse market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s automotive fuse market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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